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7 Things To Know About The $1.8B IBM-HCL Technologies Deal

India-based global solution provider HCL Technologies on Thursday announced it is beefing up its software business and as-a-service capabilities with a $1.8 billion acquisition of a large part of IBM's software portfolio.

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Will the impact be felt by IBM’s business partners?

The deal, once it closes, is not expected to have a big change in how IBM's business partners work with the software as it becomes part of HCL Technologies, Oberst said.

"There will be no change in these arrangements until formal deal closure, which is expected to happen by mid-2019," he said. "Post-deal closure, HCL will work with IBM business partners to sign them up as HCL partners. Working with business partners has always been a core part of HCL’s business philosophy."

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